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The Latest Breaking News from Natural Gas

Current price of oil as of June 2, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Nat-Gas Prices Fall Back on Cooler Forecasts for the East

Nat-Gas Prices Fall Back on Cooler Forecasts for the East

July Nymex natural gas (NGN26 ) on Monday fell -0.111 (-3.37%). Nat-gas prices on Monday edged up to a new 2-month high but then fell back and closed sharply lower. Nat-gas prices fell back amid weather forecasts by Vaisala of cooler weather in the East for June 6-10, although above-normal...

Pennsylvania Households Say Their Utility Bills Are Starting to Feel More Unpredictable Than Grocery Costs

Pennsylvania Households Say Their Utility Bills Are Starting to Feel More Unpredictable Than Grocery Costs

Grocery prices often dominate conversations about inflation, but many Pennsylvania households have started focusing on a different budget headache. Utility bills, once considered relatively stable and predictable, now seem to bounce around from month to month with surprising intensity. Families who carefully plan their monthly expenses often find themselves blindsided…

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May’s Top Performers and Underperformers

A stronger dollar, weaker bonds, and uncertainty on the economic and geopolitical landscapes weighed on many commodities in May 2026. Many commodities experienced double-digit percentage declines, while none were more than 10% higher for the month that ended on Friday, May 29, 2026.

U.S. Stock Market IPO: ERock eyes staggering $5 billion. Check company profile, symbol at New York Stock Exchange

ERock, founded in 2006, provides natural gas generators to data centers, ⁠utilities, and commercial and industrial customers across nine U.S. states, with a huge chunk of revenue coming from high-growth regions like Texas and California.

The Economic Times

Current price of oil as of June 1, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Forecasts for Above-Average US Temps Boost Nat-Gas Prices

July Nymex natural gas (NGN26 ) on Friday closed up +0.005 (+0.15%). Nat-gas prices climbed to a 2.5-month nearest-futures high on Friday and settled slightly higher on the outlook for above-normal US temperatures next month, potentially boosting nat-gas demand from electricity providers to power increased air-conditioning usage. Forecaster Vaisala said...

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OCI Global Q1 2026 Trading Update

AMSTERDAM, May 30, 2026 /PRNewswire/ -- Hassan Badrawi, CEO of OCI Global: "During the first quarter, OCI made continued progress in executing its strategic priorities, including the completion of the sale of OCI Ammonia Holding to AGROFERT, the handover of Beaumont New Ammonia to Woodside, and the monetisation of our…

Current price of oil as of May 29, 2026

Current price of oil as of May 29, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

Indian power firms snap up gas to meet rising night-time cooling demand

Indian power firms snap up gas to meet rising night-time cooling demand

India's power companies have significantly boosted natural gas purchases from a domestic exchange, quadrupling them to combat soaring summer electricity demand. Blistering heatwaves have driven peak power needs to record highs, forcing reliance on gas-fired plants. Despite price hikes and supply challenges, this fuel is crucial for meeting demand, though…

The Economic Times

Nat-Gas Prices Surge as Storage Tightens and US Weather Turns Hotter

Nat-Gas Prices Surge as Storage Tightens and US Weather Turns Hotter

July Nymex natural gas (NGN26 ) on Thursday closed up +0.190 (+6.14%). Nat-gas prices rallied to a 2.5-month nearest-futures high on Thursday and settled sharply higher on a smaller-than-expected weekly storage increase. EIA nat-gas inventories rose +92 bcf in the week ended May 22, below expectations of +96 bcf. Nat-gas...

Elon Musk defends AI ambitions as IPO reveals trouble

Elon Musk defends AI ambitions as IPO reveals trouble

Elon Musk insists that his artificial intelligence venture xAI remains a serious competitor, pushing back against mounting doubts after revelations that the supercomputing facilities built to power his own AI models are being rented out to a rival. It has also landed a Pentagon contract worth up to $200 million…

The Economic Times

Current price of oil as of May 28, 2026

Current price of oil as of May 28, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA

World faces biggest-ever energy security crisis as Iran war disrupts fuel flows, warns IEA

The world faces an unprecedented energy security crisis, forcing nations to seek new supply routes and boost domestic production. The International Energy Agency warns this will reshape global investment, mirroring the 1970s oil shocks. While renewables and nuclear power see growth, natural gas and even coal are experiencing a resurgence…

The Economic Times

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Baker Hughes CEO: Data Centers, LNG Fuel Shift Beyond Oilfield Services

Baker Hughes (NASDAQ:BKR) Chairman and Chief Executive Officer Lorenzo Simonelli said the company has become “very different” from the traditional oilfield services business it was a decade ago, emphasizing a broader strategy focused on industrial energy solutions, natural gas, power generation and

Nat-Gas Prices Rebound as US Weather Forecasts Warm

June Nymex natural gas (NGM26 ) on Wednesday closed up +0.146 (+5.04%). Nat-gas prices recovered from a 1.5-week low on Wednesday and settled sharply higher after updated US weather forecasts turned warmer, which sparked short covering in nat-gas futures. The Commodity Weather Group said Wednesday that above-average temperatures are expected...

The Economic Times

India races to secure fertilisers as crucial sowing season approaches amid war disruptions

India is seeking to boost its fertiliser reserves for the upcoming kharif sowing season by floating tenders for 1.7 million tonnes of urea to counter global supply chain issues. These disruptions stem from ongoing conflicts in West Asia, impacting natural gas and ammonia availability.

Current price of oil as of May 27, 2026

When oil prices change, it affects your energy costs—and even the price of everyday items. Here’s why.

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news in one place.

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The Economic Times

ONGC bets on gas-led growth as premium pricing boosts profitability

ONGC anticipates natural gas will drive its future growth and profitability. New high-priced gas production is set to increase significantly, meeting rising domestic demand. Projects like Daman and KG-98/2 are expected to boost gas output. ONGC is also expanding its renewable energy portfolio and seeking cost savings. The company is…

Germany signs major Canadian LNG agreement amid Middle East energy fears

Canada has reached an agreement to export liquefied natural gas to Germany from a planned Pacific coast terminal, an official familiar with the matter said on Tuesday.

The Economic Times

India needs structural reforms, not subsidies, to shield economy from West Asia shocks: Report

India must shift from subsidy reliance during global crises to structural reforms for economic resilience. Rising geopolitical tensions highlight vulnerabilities in energy, industrial feedstocks, and supply chains. A white paper by Think Change Forum proposes a three-point agenda focusing on export competitiveness, import discipline, and trade defence. Key recommendations include…

Canada and Germany make liquefied natural gas deal as Carney looks to diversify from US

A person familiar with the matter says Canada has reached a deal to export liquefied natural gas to Germany from a planned Pacific Coast terminal

Get ready for more bill rises — study warns data centers could hike power costs in some states over 50% by 2030

US energy supplies, largely made up of natural gas and coal, are under intense strain by data centers and other digital infrastructure.

Forecasts for Below-Normal US Temps Weigh on Nat-Gas Prices

June Nymex natural gas (NGM26 ) on Tuesday closed down -0.013 (-0.45%). Nat-gas prices on Tuesday fell to a 1-week low and settled lower amid forecasts of below-normal US weather, which will curb nat-gas demand from electricity providers to power air-conditioning. The Commodity Weather Group said Tuesday that forecasts shifted...

The Economic Times

ONGC Q4 Results: Cons PAT jumps 46% YoY to Rs 10,820 crore, revenue up 4%

Oil & Natural Gas Corporation (ONGC) reported a significant 46% surge in consolidated net profit to Rs 10,820 crore for the March-ended quarter. This growth was driven by a 4% increase in revenue from operations, reaching Rs 1,73,805 crore. The company also recommended a final dividend and approved a joint…

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